Chinese GDP will continue to slow in 2016

Author: Mike Paterson | Category: News

So says the govt-backed think tank The Chinese Academy of Social Sciences (CASS)

  • sees growth slowing to between 6.6-6.8%
  • Shanghai Comp Index to trade between 3200-4000 ( currently 3516)
  • China should keep "structurally loose" mon pol
  • China to achieve M2 growth of 12.6%
  • should expand fiscal deficit in 2016

Last year the think-tank projected 2015 growth of 7% then lowered it to 6.9%

No surprises here but China's slowdown remains a concern globally

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